Rules on ethics and transparency
PSA’s business culture, based on responsibility and respect, is reflected in requirements on ethics and transparency backed by rigorous systems applying to all its stakeholders, both external and internal.
Consistent with the commitment of its leaders, the company strives to ensure ethical business practices, notably through a zero-tolerance approach to corruption and the failure to respect competition rules. Translated into 22 languages, a sets out ethical guidelines for all employees in the fulfilment of their responsibilities. Campaigns are carried out regularly with all employees to increase acceptance of the Code of Ethics. By mid-2016, the Code had received nearly 18,000 signatures in 13 countries. A rigorous approach to prevention and monitoring is supervised by an Ethics and Compliance Committee, assisted by four Compliance Officers and deployed by an international network comprising Chief Ethics Officers and heads of Internal Control, Compliance and Risk Management in each Group department.